Depending on where you live in South Australia certain rebates are available to be claimed when you have a heat pump hot water system installed on your home.
Currently in South Australia we can offer you following rebates are available:
- STC’s – up to $1150 rebate
- REPS – up to $1056 rebate
- City of Adelaide heat pump rebates – Up to $1500 rebate
Rebates can be combined to create even larger savings
Can a hot water heat pump supplier handle the rebates on my behalf?
Yes they can, A number of heat pump hot water system suppliers will be able to manage all the applicable rebates on your behalf.
What is an STC?
Small-scale technology certificates, or STCs, are a tradable commodity attached to eligible installations of renewable energy systems (including solar panels, solar water heaters and heat pumps).
Under the Federal Government’s Small-scale Renewable Energy Scheme (SRES), when you install an eligible system, you may claim a set number of these STCs.
What is an STC worth?
The financial value of an STC is dependent on the supply of and demand for STCs. As a result this value can be variable from day to day. They generally sit between $32 and $36 each.
How many STC’s does a hot water heat pump system have ?
The number of STCs within each zone are subject to AS/NZS standards or methodology change. To confirm current STC numbers on our heat pump range contact us or please visit the Australian Government Office of Clean Energy Regulator website. STCs are subject to meeting eligibility and conditions
REPS heat pump rebates
The Retailer Energy Productivity Scheme (REPS) is the updated version of the REES scheme. The new scheme is a South Australian Government energy efficiency initiative that provides incentives for South Australian households and businesses to save energy. It does this through establishing energy efficiency and audit targets to be met by electricity and gas retailers.
City of Adelaide heat pump rebates
If you live in the City of Adelaide you may have access to additional rebates that can be used with the STC rebate to further reduce the cost of your heat pump system. Eligible properties may apply for the following water heater upgrade rebates:
1. 50% of installed cost up to a maximum of $1,000 for Upgrade to heat pump boosted solar, Heat pump hot water system or Installing a new heat pump hot water system on a new development.
More information can be found on the City of Adelaide website here
Hot Water system eligibility:
- Read this information about how hot water systems might require a Development Approval (D.A.). If you do require a D.A., Council will waive fees. Contact Development Assessment team during business hours on 8203 7185 to discuss installations.
- Hot water systems must be eligible under the Australian Government Small-scale Renewable Energy Scheme (SRES) for the creation of Small-scale Technology Certificates (STCs).Ineligible:
- Hot water systems that are part of the base building or common property of multi storey office building